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Indorama invests $261 million to build fourth fertilizer production line in Nigeria.
Nov 06, 2026
Contract Type
contract
NigeriaAgriculture and FarmingFarming
Description
Indorama has awarded a contract worth $261 million to South Korea’s Daewoo Engineering & Construction for the construction of a new fertilizer production line at Eleme, Nigeria. This contract is part of Indorama's strategy to expand its urea capacity and respond to future market demands. The facility is expected to significantly increase production capacity in the region.
Company Information
Company
Indorama Fertilizer Free Zone Enterprise
Location
Nigeria
About
Indorama Fertilizer Free Zone Enterprise is a subsidiary of Indorama, focused on fertilizer production in Nigeria. The company aims to boost local urea production to meet growing global demand. They operate multiple production lines and have been involved in significant contracts to expand their capacity. Indorama is committed to investing in agricultural development through enhanced fertilizer availability.
Predictive Intelligence
Strategic
ML-powered predictions for Indorama Fertilizer Free Zone Enterprise's next move